Mortgage Daily Rates
Rate and Payment Details
Below are the details of the Rate and Payment that will apply over the term of the loan. The payments listed below do not include amounts for taxes and insurance. If the Loan is an Adjustable Rate Loan, a current reasonable Index and Margin were used to display potential future Rate and/or Payment changes. If the Loan is a Home Equity Line of Credit (HELOC) the payments shown below are calculated using the full loan amount.
Initial Interest Rate: On a Fixed rate loan, it is the rate for the entire life of the loan. On an Adjustable Rate Loan it is the interest rate that is fixed for some specified number of months at the beginning of the loan term.
APR: Annual Percentage Rate the rate that reflects the actual annual cost of a loan and includes the loan interest rate, private mortgage insurance, points and some fees.
Fully Indexed Rate: The current index value plus the margin on an Adjustable Rate Loan
Max Interest Rate: The maximum rate that may occur on your Adjustable Rate Loan
Months to First Rate Adjustment: The period of time before your interest rate will adjust on an Adjustable Rate Loan
Interest Only Term: The period of time where the monthly mortgage payment consists of interest only. During that period, the loan balance remains unchanged
30 Year Fixed w/ 0.000 Points
Initial Interest Rate: 7.125%
APR: 7.231%*
Fully Indexed Rate: N/A
Maximum Interest
Rate: N/A
Months to First Rate Adjustment: N/A
Interest Only Term: 0 Months
Permanent Loan Payment Stream
Payment Month(s): 1 - 359
Monthly Mortgage (P&I): $1,616.92
Rate: 7.125%
Month(s): 360
Monthly Mortgage (P&I): $1,622.36
Rate: 7.125%
20 Year Fixed w/ 0.000 Points
Initial Interest Rate: 7.000%
APR: 7.137%*
Fully Indexed Rate: N/A
Maximum Interest Rate: N/A
Months to First Rate Adjustment: N/A
Interest Only Term: 0 Months
Permanent Loan Payment Stream
Payment Month(s): 1 - 239
Monthly Mortgage (P&I): $1,860.72
Rate: 7.000%
Payment Month(s): 240
Monthly Mortgage (P&I): $1,859.49
Rate: 7.000%
15 Year Fixed w/ 0.000 Points
Initial Interest Rate: 6.625%
APR: 6.792%*
Fully Indexed Rate: N/A
Maximum Interest Rate: N/A
Months to First Rate Adjustment: N/A
Interest Only Term: 0 Months
Permanent Loan Payment Stream
Payment Month(s): 1 - 179
Monthly Mortgage (P&I): $2,107.19
Rate: 6.625%
Payment Month(s): 180
Monthly Mortgage (P&I): $2,105.80
Rate: 6.625%
5/1 Year ARM
Initial Interest Rate: 6.125%
APR: 6.894%*
Fully Indexed Rate: 7.300%
Maximum Interest Rate: 11.125%
Months to First Rate Adjustment: 60 Months
Interest Only Term: 0 Months
Permanent Loan Payment Stream
Payment Month(s): 1 - 60
Monthly Mortgage (P&I): $1,458.27
Rate: 6.125%
Payment Month(s): 61 - 359
Monthly Mortgage (P&I): $1,616.00
Rate: 7.300%
Payment Month(s): 360
Monthly Mortgage (P&I): $1,615.14
Rate: 7.300%
10/1 Year ARM
Initial Interest Rate: 7.625%
APR: 7.447% *
Fully Indexed Rate: 6.830%
Maximum Interest Rate: 12.625%
Months to First Rate Adjustment: 120 Months
Interest Only Term: 0 Months
Permanent Loan Payment Stream
Payment Month(s): 1 - 120
Monthly Mortgage (P&I): $1,698.70
Rate: 7.625%
Payment Month(s): 121 - 359
Monthly Mortgage (P&I): $1,591.34
Rate: 6.830%
Payment Month(s): 360
Monthly Mortgage (P&I): $1,592.99
Rate: 6.830%
Jumbo 30 Year Fixed
Initial Interest Rate: 6.500%
APR: 6.545%**
Fully Indexed Rate: N/A
Maximum Interest Rate: N/A
Months to First Rate Adjustment: N/A
Interest Only Term: 0 Months
Permanent Loan Payment Stream
Payment Month(s): 1 - 359
Monthly Mortgage (P&I): $4,590.71
Rate: 6.500%
Payment Month(s): 360
Monthly Mortgage (P&I): $4,590.31
Rate: 6.500%
*Payment is based on a $240,000 loan at 80% loan-to-value, purchase of a single-family residence.
** Payment is based on a $726,300 loan at 80% loan-to-value, purchase of a single-family residence.
The posted rates are subject to change without notice.
The posted mortgage rates are based upon a variety of assumptions and conditions, which include a consumer credit score that may be higher or lower than your individual score. Your loan’s interest rate will depend upon the specific characteristics of your loan transaction and your credit history. Please click on the Product Name for a payment example.
Once you have completed your application your Home Loan Representative will assist you in determining the rate and fees associated with your loan.